Jerónimo Martins is pushing hard to grow its grocery business by opening more stores in places like Poland and Colombia, while leaning into its own-brand products and more convenient shopping options. The big question is whether it can keep that momentum without being squeezed by rising staff costs, price battles, and the heavy spending needed to keep expanding.Read more
Jerónimo Martins keeps growing by rolling out new discount grocery stores across Europe and Colombia, but shoppers staying laser-focused on bargains could make it hard to earn more from each new location. Big spending on logistics upgrades and sustainability also adds a twist: it may sharpen operations and trust over time, yet it can weigh on cash and profits in the meantime.Read more
Jerónimo Martins keeps opening new stores across Europe and Colombia, aiming to become the go-to choice for shoppers who care most about low prices. The big question is whether this growth and cost-cutting can rebuild profits before wage pressure and fierce discount competition squeeze the business.Read more
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Jerónimo Martins, SGPS, S.A. operates in the food distribution sector in Portugal, Poland, Colombia, Slovakia, and internationally. The company operates through Portugal Retail, Portugal Cash & Carry, Poland Retail, Poland Health and Beauty, and Colombia Retail segments. It engages in the operation of chain of food stores under the Biedronka brand; online sales offerings, such as deliveries under the Biek brand, alternative ordering and delivery solutions with e-commerce players, and non-food products through a website; supermarket chains under the Pingo Doce brand; cash and carry stores under the Recheio brand; Bem-Estar parapharmacies and petrol stations; and coffee shops and kiosks under the Jeronymo brand. The company is also involved in the provision of specialized retail of health and beauty products, as well as in-store consultation services under the Hebe brand; operation of a chain of proximity food stores under the Ara brand; and production of dairy, livestock farming, aquaculture, and fruit and vegetables. In addition, it engages in the real estate purchase and sale; sea passenger water transport; renting of air transport equipment; growing of crops and animal farming; saline brackish waters aquaculture; and retail management, consultancy, and logistics. The company was founded in 1792 and is headquartered in Lisbon, Portugal. Jerónimo Martins, SGPS, S.A. operates as a subsidiary of Sociedade Francisco Manuel Dos Santos B.V.
